Heliospectra Raises Loan of SEK 10 million
(GOTHENBURG, Sweden, January 15, 2025, at 19:00 CET)- Heliospectra AB (publ) ("Heliospectra" or the "Company") today announces that the Company has decided to raise a loan of SEK 10 million from the main shareholder Weland Stål AB ("Weland Stål"). The purpose of the loan is to strengthen the Company's liquidity to increase sales and marketing efforts now that the Company has completed the product portfolio for both the Agtech and Greenhouse segment.
Heliospectra has today raised a loan of SEK 10 million from Weland Stål (the "Loan") and the Loan will be provided immediately. The Loan falls due for repayment in full on December 31, 2025 and carries an annual interest rate of twelve (12) percent and a penalty interest rate of eight (8) percentage points above the reference rate according to the Swedish Interest Act.
The Board of Directors has assessed that the terms of the Loan are in line with market conditions and that the raising of the Loan is in the interest of both the Company and its shareholders.